§ 40-21-30 — Description of Franchises and Intangibles

In any assessment by a state, county, or municipal authority of the franchise or intangible property of any person, association, company, or corporation subject to the provisions of this title, it shall be sufficient to describe the franchise or intangible property herein made subject to taxation on the assessment books or rolls as intangible property in (here give name of county, city, town, school district or other tax district) of the franchise or intangible tax of (here give name of owner of such franchise or intangible property).

Legislative History

(Acts 1935, No. 194, p. 256; Code 1940, T. 51, §171.)